Mohegan Sun gets South Korean casino permission

On Friday, a plan for a US$ 5 billion casino building complex in South Korea won an approval from United States based casino operator Mohegan Sun.

As per a new report, this win is great news for the tribe that runs a casino in Connecticut, as in the last few years it failed to win licenses in Pennsylvania and New York.

The Mohegan Tribal Gaming Authority said almost a year ago that it was battling for 1 of 3 South Korean casino licenses. Around three dozen groups finally indicated their interest, even though just a handful of people who ended up officially applying to a license.

The tribe collabotared with a South Korean building supplies firm as well as the Incheon International Airport Corp., who also owns the casino site. The 1st phase of the casino, called “Project Inspire,” would come at a price tag of US$ 1.6 billion and must be open by the year 2020. The whole plan is to end the complex by the year 2040.

A bill on the table which would let Rhode Island voters to determine whether a brand new casino could be made in the town of Tiverton is actuating through legislature. As per a new report from Associated Press, the House of Representatives of Rhode Island voted 96-4 earlier Wednesday in favor of referendum. Still, the bill was making progress in Senate.

The property would come from the Twin River Management Group that operates the Newport Grand slots parlor. The brand new Las Vegas-type casino would put back Newport Grand, said the new report.